What is the present value of $850 per year for 6 years if the required return is

Question:

What is the present value of $850 per year for 6 years if the required return is 11 percent (answer using Table B9-2 in Appendix B).

Table B9-2

Present value of an annuity of $1 per period 7% 8% 14% 15% 6% 9% 10% 11% 12% 13% 16% 20% 30% 0.7692 0.9434 0.9346 0.9259


Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: